What is the expiration date of the Benjamin Franklin Plumbing franchise agreement?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
3. AGREEMENT TERM
This Agreement will expire on the anniversary of the Agreement Date specified in the Brand Appendix (the "Expiration Date"). You will have an opportunity to renew the franchise rights when the term expires, subject to the terms of Section 19 and provided that you meet the conditions in that Section.
Source: Item 23 — RECEIPTS (FDD pages 88–312)
What This Means (2025 FDD)
According to the 2025 Benjamin Franklin Plumbing Franchise Disclosure Document, the franchise agreement will expire on the anniversary of the Agreement Date specified in the Brand Appendix, also referred to as the Expiration Date. The franchisee has the opportunity to renew the franchise rights when the term expires, subject to meeting certain conditions outlined in Section 19 of the agreement.
This means that the specific expiration date will depend on the agreement date outlined in the Brand Appendix for each individual Benjamin Franklin Plumbing franchise. Franchisees must be aware of this date and the conditions for renewal to ensure they can continue operating their franchise without interruption.
It is important for prospective franchisees to carefully review the Brand Appendix and Section 19 of the franchise agreement to understand the exact terms of renewal and the conditions that must be met. This includes giving timely notice of the desire to renew, signing the Successor Franchise Agreement, and complying with all other provisions outlined in Section 19. Failure to do so may result in the franchisee being deemed to have declined the option to continue the franchise relationship.